NYSE - Nasdaq Real Time Price USD

Innovative Industrial Properties, Inc. (IIPR)

56.96
+1.51
+(2.72%)
At close: 4:00:02 PM EDT
58.00
+1.04
+(1.83%)
After hours: 4:16:31 PM EDT
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Loading Chart for IIPR
  • Previous Close 55.45
  • Open 55.80
  • Bid 56.50 x 900
  • Ask 58.00 x 1200
  • Day's Range 55.60 - 57.45
  • 52 Week Range 45.44 - 138.35
  • Volume 234,615
  • Avg. Volume 388,658
  • Market Cap (intraday) 1.596B
  • Beta (5Y Monthly) 1.76
  • PE Ratio (TTM) 10.97
  • EPS (TTM) 5.19
  • Earnings Date Aug 4, 2025 - Aug 8, 2025
  • Forward Dividend & Yield 7.60 (13.71%)
  • Ex-Dividend Date Mar 31, 2025
  • 1y Target Est 65.60

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

www.innovativeindustrialproperties.com

21

Full Time Employees

December 31

Fiscal Year Ends

Real Estate

Sector

REIT - Industrial

Industry

More about Innovative Industrial Properties, Inc.

Recent News: IIPR

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Performance Overview: IIPR

Trailing total returns as of 5/16/2025, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

IIPR
11.90%
S&P 500 (^GSPC)
1.30%

1-Year Return

IIPR
45.16%
S&P 500 (^GSPC)
12.48%

3-Year Return

IIPR
45.05%
S&P 500 (^GSPC)
48.66%

5-Year Return

IIPR
5.31%
S&P 500 (^GSPC)
108.07%

Compare To: IIPR

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Innovative Industrial Properties, Inc.
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Statistics: IIPR

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Valuation Measures

Annual
As of 5/15/2025

  • Market Cap

    1.55B

  • Enterprise Value

    1.75B

  • Trailing P/E

    10.68

  • Forward P/E

    14.75

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    5.20

  • Price/Book (mrq)

    0.82

  • Enterprise Value/Revenue

    5.73

  • Enterprise Value/EBITDA

    7.23

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    50.30%

  • Return on Assets (ttm)

    4.42%

  • Return on Equity (ttm)

    7.91%

  • Revenue (ttm)

    304.78M

  • Net Income Avi to Common (ttm)

    148.61M

  • Diluted EPS (ttm)

    5.19

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    128.01M

  • Total Debt/Equity (mrq)

    15.11%

  • Levered Free Cash Flow (ttm)

    188.38M

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Research Analysis: IIPR

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 71.72M
Earnings 30.3M

Q2'24

Q3'24

Q4'24

Q1'25

0
20M
40M
60M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

45.00 Low
65.60 Average
56.96 Current
120.00 High
 
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Research Reports: IIPR

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  • Raising target price to $58.00

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of HOLD; a target price of $58.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
    Argus• 2 days ago
     

  • Rating decreased to a HOLD

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of HOLD; a target price of $56.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
    Argus• 9 days ago
     

  • What does Argus have to say about IIPR?

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of BUY; a target price of $66.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
    Argus• 16 days ago
     

  • Raising target price to $66.00

    INNOVATIVE INDUSTRIAL PROPER has an Investment Rating of BUY; a target price of $66.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of High.

    Rating
    Price Target
    Argus• 23 days ago
     
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